Author Archives: Joel Whitaker

‘Capitalism Without Competition Isn’t Capitalism. It’s Exploitation.’

Posted on July 12, 2021 by Joel Whitaker

That remark by President Joseph R. Biden should send chills down the spines of many top executives in the bev/al industry at all three levels, because the net effect of much of the merger and acquisition activity in the last … Continue reading →

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Altria to Sell Ste. Michelle to Private Equity Group

Posted on July 12, 2021 by Joel Whitaker

While we were on vacation, Ste. Michelle Wine Estates was sold by Altria, the huge tobacco firm, to Sycamore Partners Management, a private equity firm specializing in consumer, retail, and distribution investments.  The transaction is an all-cash, $1.2 billion deal … Continue reading →

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PGA Tour, A-B Extend Partnership Spanning 3 Decades

Posted on July 12, 2021 by Joel Whitaker

The PGA Tour and Anheuser-Busch extended their longstanding marketing relationship that continues Michelob Ultra’s position as the “Official Beer Sponsor of the PGA Tour and PGA Tour Champions” through 2024. Additionally, O’Doul’s will continue to serve as the “Official Non-Alcohol … Continue reading →

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Nielsen CGA Predicts ‘A Really Good Summer’ for Food, Beverage Places

Posted on July 12, 2021 by Joel Whitaker

While 7.95 of all on-premise outlets failed during the Covid pandemic, sales have bounced back and are now exceeding 2019 levels, says Matthew Crompton, Nielsen CGA’s public relations director.  “Demand is up and supply is down—and when that happens we … Continue reading →

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Korbel Sponsors American Century Golf Tourney for 17th Year

Posted on July 12, 2021 by Joel Whitaker

For the 17th consecutive year, Korbel California Champagne sponsored the American Century Celebrity Golf Tournament in Lake Tahoe, Nev. A new event this year, Korbel hosted a Long Drive Competition on Thursday, July 8th. Taking place on Hole 16 with … Continue reading →

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Estralla Jalisco Expands Line of Canned Micheladas

Posted on July 12, 2021 by Joel Whitaker

Featuring a 3.5% ABV, the Classic Michelada is made by blending a Mexican-style lager with Clamato and lime juice to create a refreshing balance of sweet, savory and spicy that tastes just like a traditional michelada should. To celebrate the … Continue reading →

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